Population Structure and Economic Implications of Kenya and China

Population structure and economic impact of Kenya and China In this article, we analyze and compare the influence of population and economy of both countries. The two countries I chose are Kenya and China. Kenya is an LEDC, but China is a hybrid of LEDC and MEDC. When I provide the facts and details of both countries, you will notice the difference. Population structure is mortality rate, birth rate and population difference.

China is a complex economy. In China's economic structure, economic decision-making is determined partly by the government and by the market. In the private market there are many competitors who produce goods and services for consumers, so the mixed market economy gives China freedom of choice. With such an economic system, Chinese owners can manage their own business and profit. David Begg (2002) p. (9)

China's growing global economic impacts and the economic and trade policies it maintains are of great importance to Congress as it has a major impact on the United States. Although China is a big market for US companies, due to the imperfect transition to a free market economy, economic policies considered harmful to the economic interests of the United States, such as industrial policy and theft of US intellectual property It is born. This report explains the background of China's economic growth, explains the current economic structure, identifies China's challenges in sustaining economic growth, identifies challenges, opportunities, and opportunities that China's economic growth will give to the United States I will explain the influence.

In the previous section, we investigated the impact of population growth on economic growth. The important premise of the investigation is the supply of labor force, which varies throughout the life cycle. This means that the age structure of the population could be the result of its economic performance, measured in terms of per capita income. A large group of young and old people may slow the pace of economic growth, but the large labor age may accelerate economic growth. However, in addition to these "accounting" effects (assuming the behavior by age remains the same, you can simply calculate the result of the change in the mechanical age structure), the effect of behavior is also Yes. For example, prolonging the life expectancy, which is the main factor in the aging of the population, may change the behavior of the life cycle, which may lead to an increase in the working life or an increase in the savings rate after retirement.